6560 Us-277 Elgin, OK 73538
- Land
- 16.40 lot acres
Current Use by Public Records
- Land
Property Details for 6560 Us-277
- Lot size
- 16.40 lot acres
- Property type
- Land
Description
This exceptional 16.4-acre commercial land parcel presents a unique investment opportunity in the rapidly growing town of Elgin, Oklahoma. Strategically located on US Highway 277, the main thoroughfare into Elgin, and conveniently situated just west of Interstate 44, this property enjoys high visibility and excellent accessibility. The land is zoned for commercial use and is currently being developed for medical and professional buildings. Two lots have already been sold, and one doctor's office is operational. This property offers the potential for further development, with the option to purchase in approximately one-acre tracts at a price of $3.00 per square foot. Local utilities are readily available. Elgin's remarkable growth is fueled by its proximity to Lawton/Fort Sill (approximately 15 minutes away) and its highly regarded school system. This prime location, coupled with the ongoing development and Elgin's strong economic outlook, makes this a compelling investment opportunity for developers and businesses seeking a foothold in a thriving Oklahoma community. The property's address is 6560 US-277, Elgin, OK 73538, within Comanche County. The asking price for the entire 16.4-acre parcel is $2,214,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Elgin
- County
- Comanche
- State
- Oklahoma
- Longitude
- -98.3103
- Latitude
- 34.783